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Nigerian businessman, Tony Elumelu says the government and security agents in Nigeria should be able to tell Nigerians who steal the country’s crude oil, especially using vessels that move through the territorial waters. Elumelu stated this in an interview published by the Financial Times on Friday. Elumelu who dreads oil theft said the menace contributed
Nigerian famous billionaire businessman, Femi Otedola has accused his colleague, Tony Elumelu of backstabbing to buy his Transcorp Plc shares when he (Otedola) was bankrupt. Otedola said this in a press statement on Tuesday, saying he proposed to buy Transcorp Plc for N250billion, bringing the company’s market value to N2trillion, but his bid was rejected. Recall
Femi Otedola has sold his Transcorp shares to Tony Elumelu after mutual friends intervened. The battle for the ownership of Nigeria’s biggest conglomerate between two of Nigeria’s finest business tycoons, Tony Elumelu and Femi Otedola, has finally come to an end as Femi Otedola has sold his Transcorp shares with a premium to Tony after mutual
United Bank for Africa Plc (UBA) today announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the Coronavirus (COVID-19) global pandemic. The donation will provide significant and much needed support to Nigeria and 19 other African countries, by supplying
The German Government and Tony Elumelu Foundation (TEF) have reached agreement to train and support young African entrepreneurs as part of efforts to scale up the development of the African economy. The TEF and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, German Government’s Agency for International Cooperation, will empower 210 young African entrepreneurs, focusing specifically
The occasion was graced by creme de la cremes. Esama of Benin kingdom, Chief Gabriel Osawaru Igbinedion, NFF President, Amaju Pinnick’s and his wife Julie Pinnick, Tony Elumelu, Mathew Ekeinde, Aliko Dangote, Ovation Magazine Publisher, Dele Momodu, Bigwigs like, Toke Makinwa, Toyin Abraham, Mercy Johnson, 2face, Annie Idibia, Tiwa Savage, Mo’cheddah, Omawunmi, Waje, Omoni
“Letter to the next generation Young African, You are brave, you are resilient. You are savvy, you are entrepreneurial, and unlike the generations that have come before you, you are much hungrier for success. You call your ambition, “your hustle”, and you have several of them because you are tireless and eager to achieve